Common Terms in a Virginia Power of Attorney Document | Ryan C. Young | Richmond, Virginia Estate Planning Attorney

Ryan C. Young, Esq.
Common Terms in a Virginia Power of Attorney Document | Ryan C. Young | Richmond, Virginia Estate Planning Attorney
Springing Power of Attorney A springing power of attorney is a power of attorney that goes into effect at a future time specified in the document. For example, if the principal is determined to be incapacitated and unable to handle his/her own affairs, the Springing Power of Attorney goes into effect.  This arrangement seems like the best option for healthy... Read More

What are the differences between a Trust and a Will? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
What are the differences between a Trust and a Will? | Ryan C. Young | Richmond, Virginia Attorney
Living Trust v. Last Will and Testament An inter vivos trust, commonly known as a living trust, is used to dispose of property during a person’s lifetime. A last will and testament transfers the ownership of property after a person’s death. These legal instruments have significant differences such as their transfer, revocability, privacy, probate and costs. Transfer of Property into... Read More

Protecting your family through estate planning. | Ryan C. Young | Richmond, Virginia | Estate Planning

Ryan C. Young, Esq.
Protecting your family through estate planning. | Ryan C. Young | Richmond, Virginia | Estate Planning
  An estate planning attorney can protect your family and assets. No one likes to think about estate planning. This is understandable: People don’t want to consider their own mortality. But if you want to offer financial protection to your family and children, estate planning is essential. And this means that meeting with an estate attorney is also critical. Everyone... Read More